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Victor Alfredo
Víctor, 37, can be found in Manabí’s capital Portoviejo’s Nueva California neighborhood. Portoviejo has been known for many years as the City of the Royal Tamarinds. The members of the Nueva Jerusalén (The New Jerusalem) communal bank meet here every two weeks.

He is single and shares a house with his sister; they split the rental cost fifty-fifty. This is his third cycle in the communal bank. He likes it because of the benefits the loans provide for his business and because the interest rates are low compared to other financial institution.

He sells newspapers and magazines in a stand in Puertoviejo’s #1 Market. He works every day from 4:30am until 1:30pm. He tells us that he’s been in this business for several years and it has been growing gradually. He hopes to use this new loan to increase business selling lottery and raffle tickets which will produce better profits.

He will use this loan to buy lottery tickets to sell as well as magazines. His dream is to have a bigger business.
View original language description ↓
En la ciudadela nueva california de la ciudad de Portoviejo, capital de Manabí conocida desde hace muchos años como la ciudad de los reales tamarindos, se reúnen cada quince días las socias del Banco Comunal Nueva Jerusalén.

Aquí encontramos a Víctor, tiene 37 años de edad, está soltero y vive en la casa de una hermana la cual alquilan a medias. Este es su tercer ciclo en el Banco Comunal y le gusta por los beneficios que les dan los créditos para su negocio y porque los intereses son bajos en relación a otras instituciones financieras.

Se dedica a la venta de periódicos y revistas, tiene un puesto en el mercado # 1 de la ciudad de Portoviejo, trabaja todos los días desde 04h30 hasta las 13h30. Nos cuenta que lleva varios años que se dedica a esta actividad y que ha ido creciendo poco a poco, ahora espera invertir este crédito y aumentar su negocio con la venta de boletos de rifas y lotería lo que le dará mejores ganancias.

Este crédito lo va a invertir en comprar boletos de lotería para la venta, además de revistas, Su sueño es tener un negocio más grande.

About Ecuador

  • $10,200
    Average annual income
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,837,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Victor Alfredo to buy magazines and lottery tickets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2010
Listed
Dec 12, 2010
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2011